House Passes Bill Blocking Tax Credits for Chinese-Backed EVs: Big Win for U.S. Auto Industry?On Thursday, U.S. House of Representatives passed H.R. 7980, the End Chinese Dominance of Electric Vehicles in America Act of 2024.
Elon Musk Slams Kia’s New EV Incentive as ‘Bribery’—Here’s Why!Elon Musk criticized Kia's new "Tesla Competitive Bonus Program," calling it bribery, as Kia tries to counter Tesla’s market share drop.
Trump's Shocking Comments Leave Hyundai and Kia Scrambling Amid Success in the U.S.Trump suggested he might eliminate the $7,500 EV tax credit if re-elected, which would impact Hyundai and South Korea's battery industry.
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